£86,388
This estimated value is based upon the latest sale price for the house of £50,000 on 27 Sep 2011. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £50,000 | 27 Sep 2011 |
| £115,000 | 8 Sep 2010 |
| £58,500 | 31 May 2002 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,007 sq feet |
This model uses changes in the Official Land Registry House Price Index for LANCASHIRE to estimate the market value.
When this house was purchased in September 2011 the House Price Index for LANCASHIRE was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.778%.Applying this 72.778% change to the original purchase price of £50,000 results in an estimated price of approximately £86,388.
| 27 Sep 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.778 % | £50,000 | £36,388 | £86,388 |
The Postcode Pricing Model uses changes in average sales price within the BB4 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 78.236 % | £39,117 | £89,117 |
| 3 Month Average | 48.218 % | £24,109 | £74,109 |
| 6 Month Average | 45.221 % | £22,610 | £72,610 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £121,554 | £120,000 | 22 ASHWORTH STREET |
| 21 Jul 2023 | £91,177 | £89,950 | 7 LENCH STREET |
| 21 Apr 2023 | £121,256 | £119,950 | 3 TOWNSEND STREET |
| 24 Mar 2023 | £100,951 | £100,000 | 10 TOWNSEND STREET |
| 27 Jan 2023 | £77,634 | £78,000 | 11 TOWNSEND STREET |
This house has a floor area of 93 sq meters or 1,007 sq feet when measured on 26 May 2010. Using an estimated price of £86,389 means this house is valued at £922 per sq meter (£85 per sq foot).
The average size of a house on BACUP ROAD is 103 sq meters (1,114 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near St John'S Street |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Townsend Street |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Lench Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Lench Street |
| Feb 2024 | Criminal damage and arson | Awaiting court outcome | On or near Ivy Street |